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Stock Market & Financial Investment News

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March 11, 2013
13:50 EDTPHMDPhotoMedex shares attractive, Globes stock analyst says
Israeli analyst Shlomi Cohen has added Israeli company PhotoMedex (PHMD), which develops skin care products, to his portfolio. PhotoMedex's valuation is attractive, as its P/E multiple based on expected 2013 profits is just 10, Cohen wrote. The company is growing at a significant rate, as its painless long-term hair removal product, which uses proprietary technology, has been successful in the U.S. and Japan, Cohen added.
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